Historically known for its tax-free environment, the UAE introduced a federal corporate tax effective for financial years starting on or after June 1, 2023. Under this regime, businesses are subject to a 9% tax on taxable income exceeding AED 375,000, while income below this threshold remains tax-free. This move aims to diversify the nation’s revenue sources and reduce dependence on o... https://www.kbame.com/corporate-tax-in-dubai-uae/